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QUALCOMM INC/DE Director's Dealing 2012

Mar 28, 2012

10546_dirs_2012-03-28_c457b3e5-d274-436e-9b52-10d52041a4bd.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALCOMM INC/DE (QCOM)
CIK: 0000804328
Period of Report: 2012-03-26

Reporting Person: SULLIVAN DANIEL L (Executive Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2012-03-26 Common Stock M 21500.0 $43.62 Acquired 37243.0 Indirect
2012-03-26 Common Stock S 21500.0 $68.6455 Disposed 15743.0 Indirect
2012-03-26 Common Stock M 21500.0 $43.62 Acquired 37243.0 Indirect
2012-03-26 Common Stock S 21500.0 $67.4946 Disposed 15743.0 Indirect
2012-03-26 Common Stock M 50000.0 $44.02 Acquired 65743.0 Indirect
2012-03-26 Common Stock S 50000.0 $67.9123 Disposed 15743.0 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2012-03-26 Non-Qualified Stock Option (right to buy) $43.62 M 21500.0 Disposed 2014-12-02 Common Stock (21500.0) Direct
2012-03-26 Non-Qualified Stock Option (right to buy) $43.62 M 21500.0 Disposed 2014-12-02 Common Stock (21500.0) Direct
2012-03-26 Non-Qualified Stock Option (right to buy) $44.02 M 50000.0 Disposed 2015-11-03 Common Stock (50000.0) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 9469.0 Direct

Footnotes

F1: Securities held by Daniel L. Sullivan & Kathryn Sullivan, Trustees of the Sullivan Family Trust dtd. 9/2/99.

F2: The transaction was conducted under a 10b5-1 Plan, as defined under the Securities Exchange Act of 1934, as amended.

F3: The sale prices for this transaction ranged from $68.64 to $68.67 The filer hereby agrees to provide, upon request, full information regarding the number of shares sold at each separate price.

F4: The sale prices for this transaction ranged from $67.46 to $67.56 The filer hereby agrees to provide, upon request, full information regarding the number of shares sold at each separate price.

F5: The sale prices for this transaction ranged from $67.91 to $67.95 The filer hereby agrees to provide, upon request, full information regarding the number of shares sold at each separate price.

F6: The options vest 10% on the six month anniversary of the date of grant and the remaining balance vests monthly thereafter. The option is fully vested five years after the date of grant.